Art Rental (The Justnanco ArtRent Scheme)
Renting or leasing is an inexpensive way of attaining different styles of work and allos clients to experience different styles of work without a commitment to buy. Many of our clients are attracted to the flexibility of a tax efficient, long term leasing agreement.
The Justnanco leasing program is a convenient, flexible and economical way for clients to enjoy fine art in their homes and offices. Leasing is also available for special events and for home staging. The leasing agreement is made directly between you (the client) and Justnanco (the gallery.) No outside leasing company is involved.
Leasing Cost: The one off flat rate cost of opening an account for leasing artwork is £499 + VAT. After this has been paid, monthly payments are 13.5% of the price of each leased artwork. There is no limit to the number of pieces leased as long as a satisfactory security deposit is provided.
Term: The minimum term is three (3) months to be paid when the signed agreement is submitted. The contract will be automatically renewed every three months unless a written notice is provided by either the gallery or the client 30 days before the renewal date. Payments are non refundable. Maximum leasing term: there is no limit to the time that the client leases the artwork; however, only the first year leases charges will be applied as a credit if you (the client) choose to exercise the right to a buyout, as outlined below.
Termination: You, (the client), must provide us with at least two (2) weeks written notice. We ask that you, (the client), not de-install or move the artwork as damages may occur in the process – any such damages are not covered by our insurance and will be deducted from your security deposit.
Buyout: You, (the client), may purchase the leased artwork at anytime. All leasing charges paid (excluding installation charges) during the first three months will be credited towards the buyout price.
Insurance: Your facility must meet building code standards in order for Justnanco to insure against damages that may incur. Some restrictions may apply.
Installation cost: The artworks will be installed by Justnanco's installation team although the client can arrange their own installation provided they take responsibility for any damages incurred during the process. The installation team includes one to two installers for medium scale installations and three to four for an extensive scale installation. The base or minimum installation charge is £150 plus VAT which entitles you, (the client), up to three hours of onsite installation services. Overtime will be billed at £40/hr plus VAT. Each additional installer, if needed, will be billed at £50/hr plus VAT. These fees are for installation within a 60 mile radius from our business address in Temple Quay, Bristol. Installations outside this radius are available at the same rate plus travel time for installers.
Artwork selection: Artwork doesn't always look exactly the same on a monitor as it does in person. To avoid costly mistakes, we recommend that you, (the client), view the artwork at our gallery before leasing it.
For more information about leasing our artwork or to discuss pricing and budget constraints please email or call us on firstname.lastname@example.org or 01173822276 / 07964243979.